Ap tech group co ltd deals with mechanical maintenance and general supply. for the year ending 2020, AP TECH GROUP was having the following business information,during the given year AP TECH CO LTD in order to expand its production afro tech secure a 7300000Tsh loan with a 17% accumulated interest rate per year which must be paid in 5 years with monthly annuity where it was managed to repair 30machines at 90000Tsh per each machine and delivered 40 machine systems where each system was sold at 150000Tsh.During machine repair and machine system delivery up to commissioning the following expenses were incurred.
.material cost 900000Tsh utilities 700000Tsh labour charge 1000000Tsh
.Rent 700000Tsh marketinng 93700Tsh.Transportation 185300Tsh
.machine depreciation 434500Tsh after-sales service 53500Tsh
.And during profit planning 65%retained in the capital at the end of the year AP TECH GROUP was having cash 2100768Tsh and equipment 1027026Tsh Account payable was total annuity for 12 months of the year
.capital(at the beginning of the month)571093Tsh account receivable 1740768Tsh inventory 1798568Tsh
.prepaid insurances 112000Tsh
from the data above calculate
(i)interest
(ii)future value
(iii)monthly annuity
(iv)income statement
(v)retain earning statement
(vi)balance sheet